⚡️ IS THIS A BEAR MARKET NOW? XRP, HBAR, QUANT, ALTCOINS & MORE - XRP NEWS TODAY

Crypto Mason breaks down Bitcoin at $49k, Ethereum at $4,077, and altcoins like Quant and HBAR on December 11, 2021. Bitcoin is oversold but weak; the Fear & Greed Index shows extreme fear. XRP faces SEC lawsuit pressure, but Mason warns against selling before it resolves, while Quant looks poised for a multi-figure rally.
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What is up? I am Crypto Mason and welcome back to the Crypto Mason YouTube channel. Shout out to the Gold Squad. We look for gold in every single aspect of our lives and we always find it. Now today we have another daily market update. The whole market is green right now. We are climbing back up. Bitcoin is, uh, slowly climbing back up to $50K here. We're at $49,000 right now. Ethereum $4,077. Binance Coin $563. Standard stuff, you know, but Bitcoin is doing pretty well, 3% up in 24 hours. We have a lot to talk about in this video. Make sure you hit that like button, subscribe, do all that stuff and let's get straight into it. Now we check the bubbles, we see NEAR is pumping, we've got QNT that hit $208. So all of that Quant that I bought at $150 is— I'm already way up, right? We're sitting at $188 on QNT. Now just to talk about Bitcoin real fast, and then we've got a bunch of nice, like super nice charts to show you the macro view of where we are currently. The sentiment is lower than it was at $29,000 Bitcoin. The sentiment— you guys know what sentiment means? That means like the feeling in the market, the overall feeling, and how people are, like the morale of the market. The sentiment right now is worse than $29,000. I can't get my mind around that. We're still up double on the Bitcoin price, right? We're up— we're still up at $50K basically, right? We're at $48K. Everyone wanted to see this big $100K move, right? It may happen in 2022. I'm, I'm keeping my possibilities open. I am super glad that I was telling people to take profit here. I would have felt really bad if we didn't— if I wasn't telling people to take profit in this this whole run right here. Um, but let's analyze the Bitcoin chart. I'm noticing that we're bouncing on the daily off this, or we just bounced off this RSI, uh, the 30 line. Like, we bounced right off the 30 line, and this is what happened in, um, uh, April 25th right here. And we did get a monster 10% candle on Bitcoin the day after, the day after that bounce, we really started going crazy. So look at this. I mean, the RSI, we're, we're already a day after, so we didn't— or we're 2 days after that bounce, right? Actually, I can't even— let's see. Oh yeah, we're like a half, 1.5, right? So maybe we, maybe we shoot up here, but I don't know. That's just one indicator. Don't pay attention to one indicator, pay attention to all indicators. If we look at all other indicators or some other indicators. We see still smash through all those EMAs. We're trying to make our way back up below the bull market support band still. Let's zoom out to the 4-hour. Let's see what's happening on the— happening on the 4-hour. Uh, basically, I mean, look at this. Like, this, this just looks weird right here, how that kind of came down all the way to 20 on the RSI and then immediately shot back up on 4-hour. This is just— Bitcoin is a mess. Bitcoin is a mess, to be honest, in my opinion. Um, it is very weak. Bitcoin is very weak. I have been calling it a snail this whole year, and I just think, like, I just think the juice is running out, man. I really think the juice is running out. And where's that juice going, dude? That juice is going to US, or that's— that juice is going to Uh, Ethereum. Look at this. That juice is going to Ethereum. I hope you know that. I hope you know that this thing consistently gets back above $4,000, right? All these wicks bringing it down on the daily, all these wicks bringing it down to $3,900, but it always closes above this, this $4,000. It is super strong, I'm telling you. A lot of the power is getting shifted. So let's check the fear and greed. We have right now is at a 16, an extreme fear. Yesterday was extreme fear. Last week was extreme fear. So this shows you where we're at. When this ticks in this next update in 6 hours, I think we're gonna go a little bit better because Bitcoin is, uh, 2% up right now. But what I'm doing, I'm watching if I want to cut my losses, uh, if Bitcoin can't really hold You know, can't get above and recover fast. I don't know, we're gonna have to see, man. We're gonna have to see. All I care about though is that we're still double up. Like, Bitcoin is still doing technically well, right? Um, in terms of where it came from. And that's always the case. Every crypto cycle, we come out stronger. Now let's get into some charts here. We've got— we have XRP Stewart. I like this chart because he's using these emojis. And look at this, this is the BTC. You can see we come down to this crying level and we head back up to this dollar level. Dollars cry, cry dollars, right? It's like a pattern. Uh, he says the trend is your friend until the end when it bends. When will it bend? And here's our second friend, ETH. We keep coming down like this is a huge range. ETH, this is the daily chart for ETH. This is the weekly chart for Bitcoin. So he's kind of mix-matching time frames here. He's got one week on Cardano, but you can see we're in this constant just uptrend, right? Um, and this is what a bull market brings, is these— this very volatile move but always ending up like further up. For XRP, this is the XRP one. I think my prediction is going to be wrong. Of actually, I— my prediction was $11 by the end of January, so we gotta let it play out to the end of January. All I know is you'd be a fool to sell your XRP before the lawsuit ends. Now TechDev says the main thing I'm watching for Bitcoin is the same thing it's been doing for 6 months: hold a range, break the daily RSI downtrend, move higher. So we basically just showed this last video, but as you can see, we are holding even more here. We need to hold this yellow box, uh, this yellow box range right here. You guys can see the yellow boxes. See, I try to— when I bring these charts and analyze other people's charts, I try to make it understandable. Like, this is pretty understandable. You can see that these yellow boxes here are ranges, and we want to hold in that yellow box. Which means right here on Bitcoin we want to stay in there. And then on the daily RSI, we want this RSI to go up. So this means that Bitcoin is oversold, means too many people selling, it's way over oversold. We want to start heading back up, and that's usually what happens when the coin is oversold, that RSI starts climbing back up. And he's pointing out this trend line right here from the top of that it hits the top of that. That's how you draw trend lines, right? It's like this. And we want to break that daily RSI and then move higher. Credible Crypto is pointing out that this is the Bitcoin chart on the 3-day— or no, this is the crypto total market cap. And he's, and he's like calling for a— he's like, people are calling for a bear market, it seems a little silly. Yes, it is silly. Okay, this is simply a extremely bearish period in a bull market. I'm still in— like, man, you cannot call a bear market just off this. That's not even possible, bro. So we have Bob Ross right here, who is the co-creator at Sologenic. He's running a little cool script thing. I like the music he has on. Oh yeah, let's have a mid-party inside of the daily market update. He's running, he's running a little script right here, and it's, uh, for the snapshot and the airdrop of XRP and SOLO. If you want to do this, if you want to participate in the airdrop— I think I will be, or I am, I am going to participate in this airdrop— I have a video beginner playlist. Click the playlist on my channel and scroll until you find it. Now take a look at this. I said this is John Deaton. This is John Deaton, right, uh, in DC. And look at this, man, this is weird. Watch. And buy casino corn or logs or convert it, truly use it as utility token. See, it's interesting to see people in real life. Look, in the United Kingdom, they got big cameras, which kind of implies that there's a news story going on here. And look at this guy's sign. He says XRP is decentralized. This guy really understands. And I— and then this one says XRP is not a security in 116 countries globally, but it is a security in the US, right? So this is escalation. I said escalation. This will get ugly because what this foreshadows for me, specifically these two people, or these— all these people having signs, what this foreshadows to me is that this will get so ugly that there are riots in the street. And there are protests in the street that are bigger than just a couple people, right? Come on, man, it's escalating. It's gonna escalate. This is gonna be the biggest case in crypto history, I can tell you that right now. Now, I said yesterday Quant is way oversold. Tell me why you would be selling Quant right now. I'm 10 out of 10 confident it will be a 4 or 5-figure coin at some point. Shout out to the Bearable Bull. I put this tweet on my story and he had to correct me. He's like, Mason, bro, it's a 5-figure coin, bro, not 4-figure. And I was— when I was writing this tweet, I was gonna put that, uh, but I mean, 5 figures is super bullish, man. And I said, my confidence on Quant never wavers, same with HBAR, permanently bullish until everything comes to fruition. Absolutely. The reason I don't mention XRP as fully confident right here is because the lawsuit actually does bring an element of doubt. If you're doubting it, or if you're doubting it, you're a normal human, okay? So that's, that's facts. Quant is way oversold. It was way oversold. I recognize that. I dumped half my ETH, a lot of my ETH, I think it was more than half, into Quant at $1.50. Boom, we already wrote it up. Now This clip right here, we have Charles Gasparino from Fox News saying that the SEC is now arguing that it has not officially declared Bitcoin and ETH compliant cryptos according to the testimony, SEC blah blah blah. So watch what he says right here, just a short clip.
SEC theoretically could file charges against Ethereum for issuing non-compliant securities that they issued in the past, even though if it's decentralized now, it wasn't always centralized. Same thing with Bitcoin. When Satoshi Nakamura created Bitcoin, right, at some point it wasn't decentralized, it was just him, right? And guess what? He was— and, and as, as you know, he— I, I think that's the story with him. He hasn't sold any of his Bitcoin.
Satoshi Nakamura is what he said there. Uh, but Bitcoin cannot be sued. What is he talking about? You can't do anything to Bitcoin in terms of it being a security or not. You actually can't, uh, well, I guess they could make it one and put it on security exchanges, but I mean, you can't sue anybody. There will never be like a suit, a lawsuit against Bitcoin. Who is there to sue? But maybe that Craig Wright case is trying to deem Craig Wright Satoshi, and then they can actually sue someone, the SEC. Who knows? But basically they're trying to go back on their word that they didn't claim them ETH-compliant cryptos. That is a scary thing because that means Ethereum could get in trouble with the SEC. Hmm, I don't know. Raj Gokal says, for those who have lived through real bear markets, this is simply a long weekend. Absolutely facts. I have technically kind of lived through one. I was— I slept through a bear market. I literally went into hibernation like like a bear. Um, but yeah, this is great. The real ones who win, we know they'll— they will stay through a bear market. There's plenty of stuff to do still in a bear market. You can still make money, absolutely. So Keanu Reeves says he, he does hold a lot, a bit of crypto here. He has some crypto. But when asked about— when asked about NFTs, this was his response. He laughed at us. Buy these NFTs for $50. Um, and so like when you think about the concept of digital scarcity and things that are, you know, they can't be copied, that are easily reproduced, well, but they're not the same. Look at that, he laughed at us, man. That is crazy. What are people saying here? That's insane. So Moving on through a couple other news articles, we have time to rebrand EOS. So EOS might actually get a rebranded version. They are struggling, dude, they are struggling. Now we also have this: the IMF advocates for a coordinated crypto policy among the world's governments. Hey, if you have a global market, right? Sorry, you have a global market. You must regulate it in a global way. Like, this is a global market. Somebody from China can buy this right now. I could buy it right now too. It's— this is global. And I can send these. Imagine sending stocks to someone in China. You can't do that, but you could basically do that with this. So they're asking for a coordinated, uh, effort there. And we also have this: Empower Oversight has sued the SEC for access to FOIA documents amid a crypto conflict of interest concerns, uh, crypto conflict of interest concerns. They're suing the SEC, uh, for this FOIA. I'm not good with this law stuff, but it does have to do with XRP here. And it's interesting to see people start standing up to the SEC, you know. But all these XRP people say that The lawsuit is a script. Oh, it's a script. It's theater. It's gonna play out perfectly. Then why are you intervening? Why are we intervening if it's just a script? Stop intervening with the script. You're gonna slow it down, right? I don't know how I feel about that yet, but it is cool to see us rise up and actually fight for some change here. Um, but that is all we've got for the daily market update. Hopefully we can climb back to $2.5 trillion. I, I do believe I would be taking profits there, 100%. Uh, but yeah, we've got a lot of green in the markets today, pretty decent. Now make sure you follow on Instagram, Twitter. The giveaway will— the winner of the giveaways, the winners of the giveaway will be announced soon. I've just been extremely busy, uh, but that will happen soon, okay? You can still enter right now. But that is all we got. I love you all, and goodbye.










